Hiller, R. Scott; Walter, Jason M. - In: Review of Network Economics 16 (2017) 4, pp. 351-385
Abstract In this paper, we model the potential for streaming music, a non-durable product, to upend and displace … durable music sales. As the popularity of streaming music increases producers will adjust their production to focus on the non … model of consumer utility and producer profit, we analyze the most played songs of the large streaming music platform …